Revenue – Page 3 of 4 – Prime Business Africa

Naira Devaluation Will Cause Negative Impact Of $22m On Revenues, Airtel Africa Says

Airtel Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 45% Of Turnover

Airtel Nigeria recorded a 15.5 percent growth in its revenue after generating $307 million in the first quarter (Q1) of 2025, compared to the $266 million turnover reported for the same period

Prime Business Africa

May 19, 2025

Oil politics and community development: A note to Seplat Energy

Business·Top Stories

Seplat Generates N1.22trn Revenue In Three Months – Nearing 2024 Turnover

Seplat generated N1.22 trillion revenue in the first quarter (Q1) of 2025, almost replicating the N1.65 trillion turnover recorded for the whole of last year. According to the company’s financial statements for

Prime Business Africa

May 16, 2025

Business·Top Stories

AXA Mansard’s Revenue Hits N40.33bn, PAT Drops By 51.74%

AXA Mansard’s revenue grew by 26.64 percent year-on-year to N40.33 billion in the first quarter (Q1) of 2025, from N31.84 billion in the corresponding period in 2024. In its consolidated and separate

Prime Business Africa

May 15, 2025

UBA’s Total Dividend Payout To Shareholders Rises By 79% In 2024

Business·Top Stories

Interest On Deposits Cuts Into UBA’s Earnings

The interest income of the United Bank for Africa (UBA) grew to N599.83 billion in the first quarter (Q1) of 2025, up by 36.08 per cent from N440,76 billion in the corresponding

Prime Business Africa

May 14, 2025

Business·Top Stories

Mecure Industries Is Worst-Performing Pharmaceutical Stock Year-To-Date

Mecure Industries is the worst-performing pharmaceutical stock so far in 2025, according to Prime Business Africa’s analysis of its stock market activity in the last five months. The analysis showed that the

Prime Business Africa

May 13, 2025

Business·Top Stories

Tax Burden Reduces Legend Internet’s Profit By 51%

Legend Internet, an internet service provider (ISP), saw its revenue decline marginally by 5.76 percent to N1.13 billion for the year ended July 31, 2024, compared to the N1.20 billion generated during

Prime Business Africa

May 13, 2025

First Bank Changes Names Of Its Subsidiaries In UK, Some Sub-Saharan African Countries

Business·Top Stories

N625bn Interest Income Fails To Save First HoldCo From 17% Decline In Profit

First HoldCo has released its financial statements for the first quarter (Q1) of 2025, disclosing that the company grew its interest income by 40.15 percent year-on-year from N446.14 billion to N625.28 billion.

Prime Business Africa

May 12, 2025

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business·Top Stories

Sterling Financial Holdings Fined N61m, Records 73% Increase In Net Income

Sterling Financial Holdings Company was fined N61 million in 2024, according to its condensed unaudited interim financial statements for the year ended December 31, 2024. The amount is higher than the N29

Prime Business Africa

May 8, 2025

Business·Top Stories

Austin Laz’s Liquidity And Machine Problem Costing Shareholders Their Investments

Within two weeks, Austin Laz’s shareholders lost 18.18 per cent of their investment as the aluminium roofing sheets producer announced it failed to record any revenue in the first quarter (Q1) of

Prime Business Africa

May 5, 2025

Business·Top Stories

Fidelity Bank Generates N315bn In Three Months, Profit Up By 189%

Fidelity Bank’s gross earnings increased by 64.20 per cent quarter-on-quarter to N315.42 billion in the first quarter (Q1) of 2025, from N192.08 billion generated in the same period in 2024. The company’s

Prime Business Africa

May 5, 2025

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Revenue - Page 3

Airtel Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 45% Of Turnover

Seplat Generates N1.22trn Revenue In Three Months – Nearing 2024 Turnover

AXA Mansard’s Revenue Hits N40.33bn, PAT Drops By 51.74%

Interest On Deposits Cuts Into UBA’s Earnings

Mecure Industries Is Worst-Performing Pharmaceutical Stock Year-To-Date

Tax Burden Reduces Legend Internet’s Profit By 51%

N625bn Interest Income Fails To Save First HoldCo From 17% Decline In Profit

Sterling Financial Holdings Fined N61m, Records 73% Increase In Net Income

Austin Laz’s Liquidity And Machine Problem Costing Shareholders Their Investments

Fidelity Bank Generates N315bn In Three Months, Profit Up By 189%

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